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25 March, 06:01

Assume that you are the vice president of movie production for a major Hollywood studio. You need to compose a memo to your film's finance team justifying the hiring of scientists and mathematicians to act as consultants on your film. Use your answers from question 1 to write a brief summary of the memo. Ensure that you use the concepts of scarcity, opportunity cost, trade-off, monetary incentive, marginal benefit, and marginal cost appropriately.

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  1. 25 March, 07:40
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    To Whom it May Concern:

    As you are aware, the film we are tasked with producing, though certainly based in science fiction, will involve a great deal of real science, including physics and astronomy, topics which are not particularly well versed in our industry. My goal in creating this movie is to make it as thoughtful and realistic as possible, so that it begs the question for the average moviegoer: Could that actually happen? Additionally, with such a practical and entertaining applicable of science, we will be able to create a movie that will have an affect on critics, thus trickling down to the movie goers who bring in the revenue. With that said, it is vital that we hire a team of competent experts to incorporate the ideas necessary to make the movie realistic. I believe that with a team of knowledgeable consultants, we will be able to make a film for the ages, one that will leave real world scientists in awe. I look forward to hearing from you in this regard.
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